RFP26R-8: Memorial Park Subdivision

The City of Hammond Redevelopment Commission is offering 28 residential parcels adjacent to Memorial Park for sale, requiring bidders to submit redevelopment proposals that include constructing a new single‑family residence on each lot. Proposals must be sealed, include a 5 % security deposit, and meet strict timing requirements for purchase, permitting, and construction. The solicitation is open to any qualified developer capable of delivering the required homes within the specified schedule. • Minimum sales price per lot ranges from approximately $19,400 to $24,300. • Proposals are due April 21 2026, with opening at 4:30 p.m. the same day. • Successful bidders must close the purchase within 60 days, start construction within 90 days of closing, and complete the residence within 18 months. • Required documentation includes two originals plus ten copies, and a 5 % deposit based on the lot’s minimum price.